Analog Devices Stock Sinks After Impressive Earnings. Here’s Why.

Text size Analog Devices headquarters in Silicon Valley. Andreistanescu/Dreamstime.com Analog Devices shares were sinking early Wednesday after the chip maker topped expectations for its second-quarter earnings but warned of a drop in revenue for the current quarter.  Analog Devices (ticker: ADI) reported adjusted earnings of $2.83 a share for the April quarter, up 18% from … Read more

Kohl’s Stock Soars After Delivering a Surprise Profit in Earnings

Text size Kohl’s reported a surprise profit in its fiscal first quarter. (Photo by Justin Sullivan/Getty Images) Kohl’s stock was rising sharply Wednesday after the retailer reported a surprise profit in its fiscal first quarter, a reversal from a previous unexpected loss. Kohl’s (ticker: KSS) posted earnings of 13 cents a share. Analysts were calling … Read more

Unloved Dividend Stocks Are Now Worth a Nibble

Text size Dividend-paying stocks are under pressure as investors bet on an artificial-intelligence boom. Above, ChatGPT’s logo. Oliver Douliery/AFP/Getty Images The stampede into artificial intelligence, the market’s newest new thing, has left dividend stocks looking stodgy and unloved. They’re also becoming bargains. The promise of AI and its ability to reduce costs and enhance products … Read more

Buying Alibaba Stock Was a ‘Mistake,’ Al Gore’s Firm Says

Text size Generation Investment, which is chaired by former Vice President Al Gore, exited its stake in Chinese online giant Alibaba. Ian Forsyth/Getty Images Al Gore’s investment firm recently made major changes in its investment portfolio. Generation Investment Management, which former Vice President Gore co-founded, sold its entire investment in Chinese online giant Alibaba Group … Read more

Bud Light Boycott Already Costs Anheuser-Busch $15.7 Billion

Another group is getting burned by Anheuser-Busch‘s (BUD) controversial Bud Light promotion: Its investors. But analysts insist the sting of the boycott on the company’s popular beer will dissipate. X The market value of Anheuser-Busch InBev, whose fourth bestselling brand is Bud Light, dropped $15.7 billion since April 1, based on a conversion to U.S. … Read more